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Data & Analytics

  • Sainsbury to open first dedicated online DC

    Leading U.K. food retailer Sainsbury just past online grocery sales of £1 billion ($1.6 billion U.S.) and to celebrate the occasion announced plans to open its first dedicated online fulfillment center in east London.

    Home delivery of grocery is more commonplace in the U.K., especially London, where higher population densities and prohibitively high fuel prices discourage vehicle ownership.

  • Rent the Runway opens innovative in-store shop at Henri Bendel

    New York -- Rent the Runway, the popular online retailer specializing in rentals of designer dresses and accessories, has entered into its first brick-and-mortar partnership, opening a 1,400-sq.-ft. showroom in the Henri Bendel Fifth Avenue flagship store in Manhattan.

  • CTPartners adds partner to consumer and retail practice

    CTPartners, a leading global retained executive search firm, has appointed Jefferey DeFazio to be a partner in firm’s consumer and retail practice based in San Francisco.

    DeFazio has worked with leading global brands in the consumer and retail industry, placing board members and senior executives in multinational companies, and has also recruited for smaller fast-growing private equity- and venture capital-backed organizations. He joins CTPartners from another major search firm where he spent three years leading the consumer practice on the West Coast.

  • Lowe's launches natural gas-powered truck fleet in Texas

    Lowe’s has launched a dedicated fleet of natural gas-powered trucks at its regional distribution center in Mount Vernon, Texas. Lowe's dedicated fleet at Mount Vernon is among the first serving a major retail distribution center in North America to run solely on natural gas.

    With the transition from a diesel-fueled fleet to trucks powered by liquefied natural gas (LNG), Lowe's expects to reduce greenhouse gas emissions nearly 20% and control fuel costs as it transports up to 68 truckloads each day to stores in Texas, La. and Okla.

  • Overstock.com’s Club O rewards program bolsters Q3 results

    Overstock.com’s growing Club O rewards program helped to drive 18% revenue growth and $3.5 million in net income for the third quarter ended Sept. 30.

  • PetSmart expects FY13 sales growth of 3%-4%

    Phoenix – PetSmart Inc. has issued guidance for fiscal year 2013 for total sales growth of 3%-4%, as well as same-store sales growth of 3%-4%, compared to the prior fiscal year. PetSmart also slightly downgraded previous same-store sales guidance for the third quarter of fiscal 2013 to 2.2%-2.5%, from previously issued guidance of 3%-4%.

  • Supervalu beats street with Q2 results

    Minneapolis – Supervalu Inc. beat Wall Street estimates with second quarter fiscal 2014 net earnings of $40 million, compared to a $111 million loss in the year-ago period.

    The supermarket operator reported net sales of $3.95 billion, up 0.2% from $3.94 billion last year.

    Same-store sales results varied by banner. Same-store sales in the Save-A-Lot network were negative 0.3, while same-store sales for corporate stores within the Save-A-Lot network were positive 4.6% and were negative 0.9% in the Retail Food segment.

  • Twitter taps Google advertising exec to head up retail

    New York -- Twitter has hired J.J. Hirschle, who directed media and entertainment advertising at Google, as its head of retail, according to various media reports. The hire comes as the online messaging giants works to expand its business ahead of its initial public offering. Hirschle will be responsible for the team selling advertising products to retail companies.

    Hirschle is to start on Oct. 28, the same day Twitter is expected to launch its investor roadshow. Twitter announced at the beginning of October that it plans to go public.

     

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